EURUSD 2016-03-31

Posted on

EUR/USD

1.1365

As we see over the chart , Market managed to obtain daily close above resistance trend of the triangle formation which promising more advance if market succeed to break above 1.1375 resistance level.

while market heading toward US labor market data tomorrow then a fluctuating in price movement may occur before and after US data release

market support at 1.1280 where as long as market holding above the uptrend will sustain while above 1.1375 market may enter new uptrend wave that may lead toward 1.1620

a daily close below 1.1280 may set a reverse course toward 1.1050-70 as drop correction

  Support Resistence
Level 1 1.1280 1.1375
Level 2 1.1220 1.1495
Level 3 1.1145 1.1620
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